Bob Chang, co-owner and CEO of Badger Billing told Milwaukee Business News the company will close after an undisclosed number of shareholders agreed to leave the business.
The revenue cycle management company sold a majority of its client portfolio to Greendale, Wis.-based ebix in June for an undisclosed price.
The closure affects 20 employees.
More articles on finance issues:
TransUnion acquires RTech: 3 things to know
OIG tags North Carolina hospital for incorrect billing
5 hospitals with strong finances
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
